Looming uncertainties on Wall Street were finally eased on Wednesday, after Washington announced that it has come to a short-term agreement to end the government shutdown and raise the debt ceiling. While these issues will once again be brought to the forefront come January, investors can once again focus on the markets and key economic data. On the earnings front, Goldman Sachs (GS) reported disappointing Q3 results, missing revenue estimates, while JP Morgan (JPM) reported a loss in the third quarter, after the company took on nearly $9.2 billion in legal expenses [see How To Invest In 2013's Breakthrough Technologies].

In ETF news, the industry saw four new launches this week, including Wednesday’s IPO ETF debut from newcomer Renaissance Capital.

Germany Hedged Equity Fund (DXGE): This fund tracks the WisdomTree Germany Hedged Equity Index, which is designed to provide exposure to equity securities in Germany, while at the same time hedging exposure to fluctuations between the value of the U.S. dollar and the euro. Currently, the fund is slightly tilted towards consumer discretionary stocks, though meaningful exposure is allotted to industrials, financials, materials, and several other sectors. The fund’s top three holdings include Deutsche Telekom, Daimler, and Bayerische Motoren Werke [see Single Country ETFs: Everything Investors Need To Know].

0-5 Year Investment Grade Corporate Bond ETF (SLQD): This fund tracks the Markit iBoxx USD Liquid Investment Grade 0-5 Index, essentially making it the “short-term” version of the ultra-popular iBoxx $ Investment Grade Corporate Bond ETF (LQD, A). SLQD will invest in U.S. dollar-denominated investment grade corporate bonds with at least $500 million face value and no more than five years until maturity. Like LQD, the new fund will charge just 15 basis points.

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